Saturday, November 23, 2024

Mountain region

Mountain region includes: Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah and Wyoming

Keyway Apartments

$32 million apartment property sale in Northern Nevada facilitated by Marcus & Millichap

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Keyway Apartments, a 230-unit apartment asset in Sparks, Nevada. The property...
Reno City Center

Parkview Financial provides $100 million loan for redevelopment of Harrah’s Reno Hotel and Casino...

Parkview Financial announced it has provided a $100 million loan to Reno City Center, LLC, an affiliate of Las Vegas-based CAI Investments, for the renovation and redevelopment of Harrah’s Reno Hotel and Casino to...
Seventh

$38.325 million Uptown Phoenix multifamily asset sale completed by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Seventh, a 286-unit multifamily asset in Phoenix, Arizona. The $38.325 million sales price represents $134,003 per unit and $250 per...
Bret Zinn

Multifamily expert, Bret Zinn joins Kidder Mathews’ Phoenix, Ariz. office

Bret Zinn has joined Kidder Mathews’ Phoenix office as a vice president, where he will partner with Karl Abert, expanding the firm’s multifamily investment services in Arizona. Zinn has been in the commercial real estate...
Spanish Oaks Apartments

Next Wave expands Las Vegas footprint with acquisition of 216-unit multifamily community

Next Wave Investors, LLC (“Next Wave”) a private equity firm focused on value-add multifamily investments, has acquired Spanish Oaks, a 216-unit garden style multifamily community in Las Vegas, Nevada for $28.075 million. Through existing broker...
Axio 8400

Luxury multifamily property sale completed by Institutional Property Advisors in Greater Salt Lake City

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Axio 8400, a 332-unit multifamily asset located 13 miles from Downtown Salt Lake City in Sandy, Utah. “The Greater Salt Lake...
Indigo Springs

Institutional Property Advisors completes $56.4 million apartment asset sale in the Southeast Valley of...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Indigo Springs, a 240-unit multifamily asset in Mesa, Arizona. The property sold for $56.4 million, or $235,000 per unit. “The Southeast...
ViA

Institutional Property Advisors arranges South Salt Lake multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of ViA, a 138-unit midrise apartment building in South Salt Lake, Utah. “ViA Apartments is a high-quality, transit-oriented multifamily asset that gives...
Tides at Downtown Tempe

Westmount Realty Capital acquires garden-style multifamily community in Arizona

Westmount Realty Capital announced the acquisition of Tides at Downtown Tempe, a two-story, garden-style apartment community located at 615 S. Hardy Dr. in fast-growing Tempe. The 227-unit multifamily community consists of one-, two- and...
Regatta Apartments

Gelt, Inc. acquires 352-unit apartment community for $100.5 million in Denver submarket

Gelt, Inc., is pleased to announce it has acquired Regatta Apartments, a 93 percent-leased, 352-unit multifamily community located at 10500 Irma Drive in Northglenn, CO, for $100.5 million. This substantial buy marks the Los...
The Grove Deer Valley

Institutional Property Advisors brokers $46.75 million multifamily sale in Phoenix

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Grove Deer Valley, a 208-unit apartment asset in Phoenix, Arizona. The property sold for $46.75 million, which equates to...
Gateway Arvada Ridge

The Praedium Group acquires transit-oriented Gateway Arvada Ridge in Arvada, Colorado

The Praedium Group, a New York-based national real estate investment firm, announced the acquisition of Gateway Arvada Ridge in the Arvada submarket of the Denver MSA.  Lindsay Schuckman, Vice President of The Praedium Group,...
Sanctuary on Broadway

ABI Multifamily brokers 240-unit Tempe apartment community for $42.75 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $42.75 million / $178,125 Per Unit / $231.39 Per SF sale of Sanctuary on Broadway,...
Pointe Vista Apartments

ABI Multifamily brokers 160-unit Northwest Phoenix apartment community for $24.25 million

ABI Multifamily—the leading multifamily brokerage and advisory services firm in the Western US—is pleased to announce the $24.25 million / $151,563 Per Unit / $204.66 per square foot sale of Pointe Vista Apartments, a...
The Grove on Glendale

Next Wave acquires newly built luxury community in Phoenix for $25.5 million

Next Wave Investors, LLC (“Next Wave”) a private equity firm focused on value-add multifamily investments, acquired The Grove on Glendale, a new 56-unit luxury townhome community in North Central Phoenix, Arizona for $25.5 million...
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